Dislikedthese other "newer" economies were built with somewhat better knowledge, structure, and learned from the mistakes of older ones (such as America).Ignored
Re: EurUsd short term 15 replies
NFP nice bump up on EURUSD 2 replies
DislikedThis makes absolute sense. The dollar will eventually fail. Run a search on YouTube for "death of the dollar" and see that what Triq says here actually makes senseIgnored
DislikedAmerica is wayyyyyy newer than EuropeIgnored
DislikedTops and Bottoms are for fools.
Just trade everything inbetween.Ignored
DislikedAmerica newer than Europe??? I'm comparing Americas' economy to the Euro that was founded and structured in 1998. Get your facts straight and I'm sure someone will add onto this one.Ignored
DislikedHaving said that, and being a fool.... picked a bottom yesterday.
If anyones got a crystal ball please let me know the top so i can exit.Ignored
DislikedI wasn't thinking the currency = economy. Europe is an old country, (not even a country). They had currency before the Euro. As far as the Euro goes, it is new, but look at the CHF.. It's doing just as well, and Switzerland refused to accept the Euro and they are doing great. I've no opinions on the Euro, as its only been a few years, but I'm sure it will be ok.Ignored
DislikedBut the Swiss have a real relaxed out take on their economics. Due to big banks and big investments, I don't think they're so much into economic growth as they are economic stabilization. They'd rather keep things sane then have mad fluctuations. Once again please do correct me If I'm wrong.Ignored
Dislikedpercentage-wise they gained as much as the euro to the dollar. The past 5 years, they've gone from 1.5 to 1.7 to 1.6 to the euro. The swiss currency is probably the easiest to trade, because they are 'methodical' about everything, including their currency....Ignored
DislikedAll of a sudden, my long from yesterday is not looking so silly - +105 right now. I made pips on the way down too, via the hedging in my ea. I managed to shut down hedging just at the right moment, something that doesn't always happen.
My long from this morning is +134.
Isn't it nice when a plan works out? Makes a b****y change, that's for sure.
Dislikedcould you please explain why?Ignored
Disliked"Because it moved up 200 pips in the last 2 days!!! Holy cow!!! I've never seen that before. It HAS to keep going up at that rate. Plus, I know what I'm talking about because I mainly focus on EUR/USD, just look under my nickname......."
For those of you who haven't caught on yet, I am being facetious. This is yet another example of someone posting an idea without proof of due diligence. Then again, this post isn't much more constructive, is it? screw it, it's FridayIgnored
DislikedFor example lets to say it is at 1.7, are you forgetting most of this inflation is from oil? I'd think that it might be cheaper to produce things considering they're buying oil in weaker dollars (once again just another thought). Get back to me when Euro tops off at 2.000 and we quit relying on the fully inflated dreams of what was once the dollar (based on shaky economics and more inflated CRAP)
MY 2 CENTS
Everyones thoughts are more than welcome
***Added: While I do believe we still have some more highs to see, I'm usually one to go with market, wherever it may go. I just dont believe 1.70 is unthinkableIgnored